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Post Covid-19 Business Restructuring – Voluntary Administration vs Legal Phoenix

Post Covid-19 Business Restructuring – Voluntary Administration vs Legal Phoenix

Many businesses have been significantly impacted by the Covid-19 pandemic. This may have resulted in them accruing unpayable debts, such as tax debts. A lot of these businesses will return to profitability, however, it may not be enough to pay off the unpaid debts they have incurred. ...

Success Stories: Saving a business with an ATO payment arrangement.

Success Stories: Saving a business with an ATO payment arrangement.

Pearce & Heers were recently engaged by a restaurant owner on the Sunshine Coast, whose company was facing liquidation proceedings by the ATO. The ATO had rejected a number of proposals for payment arrangements put forward by the company in the past. ...

Phoenix for insolvent companies: It must be legal

Phoenix for insolvent companies: It must be legal

Transferring assets from an insolvent company to a new one can be legal. Here's how to avoid the risk of illegal phoenix activity....

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